Niks Technology Ltd (543282)
Latest quarterly results (H2 FY26)
In its latest reported quarter, H2 FY26, Niks Technology's revenue was ₹1.6 Cr (-60.8% year on year, -70.1% on the previous half-year), and net profit ₹0.1 Cr (-58.8% year on year); the operating margin was 18.9%.
| H2 FY26 (₹ Cr) | Value | YoY vs H2 FY25 | vs prev. half |
|---|---|---|---|
| Revenue | ₹1.6 | -60.8% | -70.1% |
| Operating profit | ₹0.3 | -6.3% | -21.1% |
| Net profit | ₹0.1 | -58.8% | -46.2% |
| EPS (₹) | 1.40 | -58.8% | -46.2% |
| Operating margin | 18.9% | — | — |
📢 Recent Corporate Announcements
Niks Technology has issued a corrigendum to its AGM notice dated September 08, 2026, following BSE remarks regarding a proposed preferential issue of equity shares and convertible warrants. The filing reveals a major capital structuring involving a share swap and warrants to three key allottees—Nilesh Jayantilal Patel, Vishal Jayantilal Patel, and Bharatkumar Pravinchandra Keshrani. These three individuals will hold a combined 49.50% on a fully diluted basis excluding the open offer, and up to 52.09% (including SPA and open offer), signaling a significant control change for the Rs 15 Cr market cap company. The issue price remains unchanged, and the AGM is scheduled for September 30, 2026.
- Preferential allotment involves 18,37,800 convertible warrants and 25,73,400 equity shares via share swap to three incoming allottees
- Post-issue diluted shareholding for the three incoming allottees reaches 49.50% excluding open offer, and 52.09% including open offer and 2,31,100 shares via SPA
- Over 95 non-promoter allottees detailed in the preferential equity issue table
- Annual General Meeting scheduled for September 30, 2026 at 10.00 A.M. via VC/OAVM
Niks Technology has filed a Draft Letter of Offer for an open offer triggered by incoming acquirers Nilesh Jayantilal Patel, Vishal Jayantibhai Patel, and Bharatkumar Pravinchandra Keshrani. The acquirers seek to purchase up to 23,16,964 equity shares, representing 26.00% of the expanded voting share capital, at an offer price of Rs 136 per share. The offer follows a Share Purchase Agreement and a Share Purchase and Swap Agreement involving Dev Satya Infra Private Limited. The proposed offer price of Rs 136 is at a steep discount to the current market price of Rs 304.5.
- Open offer to acquire up to 23,16,964 equity shares representing 26.00% of expanded capital
- Offer price fixed at Rs 136 per equity share, well below market price of Rs 304.5
- Tendering period scheduled to open on November 3, 2026, and close on November 17, 2026
- Minimum marketable lot size for participation is 300 equity shares
- Triggered by Share Purchase Agreement and Share Swap Agreement with Dev Satya Infra Private Limited
Financial Performance
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Operational Drivers
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Strategic Growth
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External Factors
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Regulatory & Governance
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Risk Analysis
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